Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 14.81 to 9.76 11.48 (34.06%) . .
Intermediate 12.6 to 9.76 . . 11.48 (60.56%)
Short 11.69 to 8.01 8.46 (12.23%) . .